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Lookup NU author(s): Dr Helen Kendall,
Emeritus Professor Christopher Rodgers
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
Environmental restoration and conservation challenges go beyond what can be financed publicly. There are significant opportunities for private investment in the delivery of public goods, benefitting both commercial organisations whose business relies on ecosystem services, as well as landowners, land managers and the general public. Thus, public-private financing of natural capital improvement presents an opportunity to increase the availability of funding for payments for ecosystem services that provide environmental and societal benefits. Though public-private partnerships for the financing of ecosystem services is in its infancy in the UK.This new report explores the voluntary ecosystem services market in the UK, through identifying key actors involved in payment for ecosystem services schemes, trading platforms and supporting modelling tools. This is achieved by developing an understanding of how these actors operate, and by identifying possible synergies, examples of good practice and challenges to implementation. Topics covered include, understanding how the identified actors account for the social distribution of ecosystem services, how values are attributed to ecosystem services, and the legal obligations linked to ventures’ operation.
Author(s): Gosal A, Kendall H, Reed M, Mitchell G, Rodgers C, Ziv G
Publication type: Report
Publication status: Published
Print publication date: 11/08/2020
Acceptance date: 10/08/2020
Institution: University of Leeds
Place Published: Leeds